EU: Retail Sales (YoY) (Jan): -1.3%; 1.2% (MoM)

Mar 5, 2013

Forex: USD/JPY testing the 93.00 level

The USD/JPY has waned to the 93.00 level, though has held up reasonably at this threshold despite falling to 92.91 briefly (intraday minimum). The pair has been under siege since overnight trading, testing the 93.00 barrier in these moments, -0.43% off its opening.

EMU: Annual Retail Sales decline slows down in January

On an annual basis Eurozone Retail Sales fell 1.3% in January, compared with the 3% decrease the previous month, Eurostat reported on Tuesday. This result is more positive than the expected 2.9% drop.